Warren Buffett: How To Understand Annual Reports 

yeah, like a movie foreshadowing

was bill ackman there?

The train hasn't left the station for good. It arrives several times per decade. You just have to be paying attention and climb aboard.

There’s still about 20 years of good economic growth before the age demographic crisis takes effect and other issues like federal debt cannot be sustained. 50 years, the USA is f’d and has no chance of recovering because the number of working aged people relative to federal debt and paying out social programs to the elderly population larger than the working aged people and maintaining infrastructure won’t be able to keep up. The USA will probably lose the status of global reserve currency in 40-50 years and then it will really be done for. But for the next two decades, the USA is fine.

@@Aubatronthere is no good alternative to the USA really. Just like what Churchill said- democracy is the worst form of government except for all others

@@millenialmusings8451 I really like that quote. I think there is no alternative to the USA now, but in the future, the USA will be desperately trying to hold onto being the world reserve currency and they'll eventually lose it and there will be a lot of global turmoil trying to figure things out and countries competing. Next reserve currency could be another democratic country. That's what I see in 50 years, but could just as easily be wrong.

@@Aubatron America is getting lazy I think there was a military recruitment ad about some transgender soldier’s two moms. Yeah its over.

Why are you sorry?

lol 😂 😂

Who are you?

He was wrong a lot of times, sold walmart in the 2000s at a very low price then it just skyrocketed weeks later. And his newest plunder was selling apple this year at a low at 175. Warrent Buffet witnessed the rise and fall of the american empire, and was invested heavily, buying and selling basically random stocks with other peoples insurance money from his insurance company Geko. Reading all about fundamentals and being a god investor is just what he believes he is, but he just was born at the right time in the right place.

He still knows more than you so respect and stfu

Why do you say its outdated?

just read the description it says this was recorded in 1998

This advice will never be out dated partly because it refers to enduring human failings & because so few really follow good advice - particularly when patience, sacrifice or pain's involved.

who are you sorry?

He's a nobody with a Pepe profile picture. @shaolongchen